Considering Bankruptcy

Legal Insight from a Charlotte Bankruptcy Attorney

Determining whether bankruptcy is right for you will be the first step
toward finding debt relief. Before considering bankruptcy, you should explore
bankruptcy alternatives as well. For many people suffering financially, the alternatives to bankruptcy
can offer different benefits and can even minimize the risk of future
legal problems or financial issues. In other cases, bankruptcy is the
best option.

Fortunately,
our Charlotte bankruptcy lawyer has been assisting both consumer debtors and business owners
in the Charlotte area for more than 15 years.
At Schwilm Law Firm, PLLC, we know how provide tailored solutions for any budget or financial portfolio.
Whether you are experiencing creditor harassment or fear that you are
about to default on your mortgage, we are here to help, to listen, and
create an effective solution for your unique needs.

Understanding Bankruptcy

Whether you are filing for
Chapter 7 bankruptcy or
Chapter 13 bankruptcy, it will be crucial that you have a full understanding of what
bankruptcy can or cannot do for you. A few examples of the benefits and limitations
of bankruptcy are listed below. Call our firm to learn more.

What bankruptcy CAN do:

Bankruptcy can have a negative, relatively short-term impact your credit
score and can remain on your credit report for up to 10 years

Bankruptcy can eliminate all or most of your debts

Bankruptcy can put a stop to all collection actions against you

Bankruptcy can give you time to save your home from foreclosure or catch
up on mortgage

Bankruptcy cannot protect you from losing eligibility for applying for
credit cards

Bankruptcy cannot eliminate other non-dischargeable debts

Get your life back. Call Schwilm Law Firm, PLLC today!

We can help you determine whether filing bankruptcy will be worth it to
you in the long run. We would never insist that our clients take an action
that would not benefit them. We want to put you in the best possible position
for permanent debt relief, not a temporary fix that can help you for only
a short time and could potentially result in long-term damage.

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.